MERRIE MEADE, PARK AVENUE, VENTNOR, PO38 1LD - £190,000

MERRIE MEADE is a midsized detached house of 134m², built sometime before 1900. It was last sold for £190,000 in September 2019, which was around 42% below the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

MERRIE MEADE Sold Prices

Land registry data shows two sales for MERRIE MEADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two MERRIE MEADE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 12 SEP	£190,000	£324,960	42% below HPI
1998 23 SEP	£60,000	£92,265	35% below HPI

MERRIE MEADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two MERRIE MEADE sales from September 1998 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is MERRIE MEADE?

MERRIE MEADE is 134m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where MERRIE MEADE lies on this distribution: 60% of detached houses are smaller than MERRIE MEADE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

MERRIE MEADE: Plot and Title Map

MERRIE MEADE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of MERRIE MEADE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MERRIE MEADE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MERRIE MEADE?

MERRIE MEADE is located on PARK AVENUE in VENTNOR, in the PO38 postcode district. The below map shows the position of MERRIE MEADE on PARK AVENUE.